1891 Bográn Issue
August 1, 1891 to July 31, 1892 - one year
Since none of the Bográn stamps have the marginal engravings of the Hamilton Banknote Company it seems doubtful that the stamps were printed in New York City. There is convincing evidence that this issue was printed instead by MacDonald Engraving of East Orange, New Jersey. Many of the Bográn issue were printed (thanks to Seebeck) on a type of paper unknown until 1899. Bográn stamps were printed in a host of different colors and sold directly to American stamp dealers as imperforate "proofs" or "trials." Like most mint Bográns, these never left the United States nor had a postal use. Unlike genuinely used Bográns, mint copies are a notch below wallpaper in reputation. Most 2, 5 and 10 Peso covers were mailed from from the San Juancito mine (pictured next) with ore samples for a lab in New York.
Bográn was president of Honduras from 1883 to 1891 and had a hand in selecting the design of the stamp showing his likeness. Like a majority of political leaders in Honduras he was a member of the small and rich male ruling class and dabbled in militarism. As the song goes, he had elliptical connections to pass his money around. Two of his cousins used these connections to become presidents themselves. All three had a hand in arranging things so the American banana companies avoided paying taxes to the Honduran people. Over a million "remainders" were sold by Seebeck.
Very rare Bográn cover bearing five 50 centavos stamps. The San Juancito mine paid extra for registration and heavier ore samples. The lower MCS mute cancel is missing the white ring.
1890-91 Bográn Issue of Honduras by Richard Washburn in Central American Newsletter, July 1994.
Reinterpreting the Banana Republic by Euraque, 1997 pp. 24-25.
That Man Seebeck by Irving Green in Congress Book 12 (1946) pps 140-156. Washburn Gold Medal Collection.